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A control chart based on weighted bootstrap with strata
Authors:Shih-Chou Kao
Institution:Department of Business Administration, Kao Yuan University, Kaohsiung City, Taiwan
Abstract:The study proposes a weighted bootstrap control chart based on the strata and determines suitable weights for each stratum by measuring the relative error of estimated Type I risks (Err). In addition to validating the detection effectiveness of the proposed control chart, this study also compares several types of control charts for detecting the Type I, Type II risks, and median run lengths. The proposed control chart shows superior detection effectiveness in six skewed distributions compared to other types of control charts.
Keywords:Bootstrap  Skewed distributions  Strata  Weight
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